Focus Management Group

Industry:

Leisure & Service

Service:

Cash Flow Management

Company:

A Nightclub Chain

Situation:

This Nightclub club chain located in the Chicago area was in need of advice regarding the strengthening of its financial and operating systems.

Focus Scope:

A Focus Professional was engaged by the owners to assess the situation and make recommendations.

Tasks Performed:

• Focus recommended and oversaw the installation and training of a new cash and billing management system in each of the locations that resulted in real time visibility in results and improved security of cash.

Results:

• Beverage inventory was analyzed for turn and profitability, and as a result certain lines were rationalized, and shrinkage was reduced by 40%. Focus Professionals worked with management to redesign the marketing strategies for the clubs. These initiatives resulted in a significant improvement in cash flow for the client.